PayPal’s shares rose after strong Q3 results and a partnership with OpenAI and Alphabet. The company reported a revenue of $8.42 billion, a 7% increase, and an adjusted EPS of $1.34, a 12% rise. Total payment volumes reached $458.1 billion, with transaction margin dollars growing by 6% to $3.87 billion.

The partnership with OpenAI will integrate PayPal into ChatGPT for instant checkouts and payment processing for merchants. Active accounts rose by 1% year over year to 438 million, while monthly active accounts increased by 2% to 227 million.

PayPal forecasts a Q4 adjusted EPS between $1.27 and $1.31 and a 15-16% growth in full-year adjusted EPS. The company is adapting to both traditional and AI-driven strategies, positioning itself for future e-commerce trends.

With a forward P/E ratio of around 13 times 2026 estimates, PayPal’s stock is seen as attractive for investors. The company’s recent partnerships and growth prospects suggest potential for further upside.

Read more at Yahoo Finance: PayPal Shares Soar on OpenAI Partnership. Is It Too Late to Buy the Stock?